6 Subsequent Events

Vonovia Finance B.V. placed two bonds with a total volume of € 1.5 billion on July 2, 2020. With terms of six and ten years, respectively, the bonds bear interest at an average rate of 0.8%. The payout date was July 9, 2020.

Berlin Hyp provides Vonovia Finance B.V. with secured financing of € 184 million with a term of ten years that was disbursed in July 2020.

As of the end of July 20, 2020, shareholders holding a total of 40.7% of the shares carrying dividend rights opted for the scrip dividend as opposed to the cash dividend. The subscription price, determined on July 17, 2020, is € 52.438. As part of the outstanding capital increase, 6,613,688 new shares will therefore be issued, causing the total number of shares to increase to 548,887,299. As a result of the outstanding capital increase, the equity of the company will rise by € 346,808,571.37. The total amount of the distributable cash dividend is € 504,560,997.93.